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Next Season is going to be lot more Expensive!

 Poster: A snowHead
Poster: A snowHead
Bigtipper wrote:


What do you think? Would it be safe for a week in March, in a 5* all inclusive resort in Turkey to a resort near Antalya? What about if it was a large US branded hotel chain?Puzzled


Been several times to Belek near Antalya in the past few years. Never worried about safety there. Always visit in October when its cooling down a bit but still hot enough. Most hotels are still on summer concept and then change to winter concept in November. March will still likely be winter concept and you'll find some bars and restaurants shut in the hotel. No idea about the weather but I still think its probably too early to be warm enough to sit outside all day (though I may be wrong). Personally I would make sure I chose a hotel with a heated outdoor swimming pool and a good indoor spa area with indoor pool. I cant think of any large branded US hotel chain in the Antalya area in a beach resort. Maybe in Antlaya city there could be but cant think of one in Belek, Lara beach or Side. Price wise in march your likely to pay a good price but be aware that some of the hotel facilities will not be open. I personally think that the Belek hotels are overall the best All inclusive hotels in the Med for price, value for money and high standards. You just get so much more for your money than elsewhere in the med. I wouldn't hesitate to go back but awful flight times from the UK are putting me off a return visit anytime soon
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 Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
Turkey is a complete NoGo for Blond Northern European Woman...
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 Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
@stanton, we are not interested in what you get up to at the weekends Mandy wink
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stanton wrote:
At the close: Markets enter reverse as Brexit strains stack up

1 Pound =$1.10 and €1.03 Coming !!!!

http://www.cityam.com/244909/sterling-crashes-analysts-slash-outlook

On the 6th July 2016 the spot inter-bank market saw:
Open: 1 GBP = 1.1713 EUR
Close: 1 GBP = 1.1643 EUR
Average: 1 GBP = 1.1675 EUR
Lowest: 1 GBP = 1.1602 EUR

On the 20th February 2019 the spot inter-bank market saw:
Open: 1 GBP = 1.1512 EUR
Close: 1 GBP = 1.1495 EUR
Average: 1 GBP = 1.15 EUR
Lowest: 1 GBP = 1.1474 EUR
Highest: 1 GBP = 1.1526 EUR

so 1.5c difference.... about £10 on £1000
Hardly a lot more expensive.
Lift pass prices have probably gone up more in that time.
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Where is sterling now?

Although sterling is stronger against the euro than it was at this time last year – by about 2% – it is a long way from where it was just before the referendum in June 2016. Back then, £1 would buy you €1.27. Now, you will get about €1.14, a drop which has remained consistent since the vote.

In the event of a no-deal, the expectation for sterling in many quarters – and thus for UK tourists – is grim. Some analysts have suggested that the pound could drop by 10%.

https://www.theguardian.com/travel/2019/feb/25/no-deal-brexit-holiday-money-pound-euro
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On March 21, 2009 sterling was worth just 1.06 Euros.
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Then you can post your own questions or snow reports...
@stanton, Stop digging. You've already proved yourself a complete ar#e!
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After all it is free Go on u know u want to!
@esaw1, im just the messenger from Innsbruck
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stanton wrote:
@esaw1, im just the messenger from Innsbruck


So not a gnome of Zurich then? Toofy Grin
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@Alastair Pink, Basel
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snowHeads are a friendly bunch.
Faulty
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 And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
@Boris, Laughing Laughing
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 So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
@stanton, Sadly yet another "once again" you completely miss the point that the 2% difference in the real value of the GBP since your original post in 2016 is in favour of the pound rather than the Euro. If I (or anyone else for that matter) has a budget of £8k for their ski holidays in any one season then it's places like the ski shops in the EU that will not tempt the average UK skier to buy their new skis, ski boots, champagne, lunch, extra beer, gluhewein, new ski gloves, etc.

QED, ultimately it will be the EU/Ski Resorts that lose out with a lower exchange rate not the average UK skier.

Next year is going to be so much cheaper because of this.

Cretin! Toofy Grin
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 You know it makes sense.
You know it makes sense.
@skimastaaah, you are lost ..maybe forever ....
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 Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
@skimastaaah
Quote:
@stanton, Sadly yet another "once again" you completely miss the point...

Hmmm - afraid I think you've actually missed the point of @StanTwat's postings... Razz

He doesn't give a damn about the cost of next season's skiing.
He's just a small man who gets his kicks from winding people up, and loves it when people "bite" in response to his postings. (oh b*gger, looks like I've gone and done that myself now... snowHead )
We should all just do this ...
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 Poster: A snowHead
Poster: A snowHead
Every so often this thread pops up in the most recently commented on list, and I get curious as to whether the debate has turned in anyway 'ane'. In these times of uncertainty and turbulence it's weirdly reassuring to find that it hasn't...
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 Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
Wake Up To Money (a UK radio program about business news between 05:00 and 06:00) had a senior manager from PIMCO on this morning. "Sterling looking the best for over 2 years now". For those who don't know, PIMCO is probably the world's biggest bond trader (1.7 trillion USD under management) and bond prices are a direct correlation of interest rates but what does this guy know, after all he's probably only being doing this for the last 20 years or so. Compared to our resident rates guru Stanton he's a dilettante

Anyway, we all know Stanton is just a troll so it's nice to just repost occasionally and have a laugh at the idiotic responses which have no basis in reality
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 Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
I thought the prediction was that GBP would be junk imminently?

Hit a two year high today of 1.172 so I’m a little confused?!?
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It's probably a dead cat bounce ! Twisted Evil
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I sometimes see links to The Guardian on this thread. Yet most papers are biased about Brexit, one way or the other, and the sanctimonious Guardian is as dirty as any. See this: https://www.spiked-online.com/2019/02/28/the-guardians-anti-brexit-fake-news/
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Been deliberately avoiding this thread for sometime , I’m now getting sucked in .

thought I’d share my thoughts on the matter ,

£ in my view has been cheap for sometime , since the vote its bounced off €1.10 and 1.26 vs the dollar several times and if you look at the charts these levels look very much at the bottom of the trading ranges .
Markets don’t like uncertainty as we know but it seems to me there are plenty of buyers of £ on a whatever result , as the crunch approaches with trickles of good news they are becoming a little trigger happy as they don’t want to miss the bottom .

At the moment I think we’ve seen a short term top , on result of a no deal Brexit I would expect an initial sharp fall followed by a quick bounce back to the current levels , with Mays deal1.20€ plus 1.40 plus vs dollar.

You may have read in the press today that the Norway oil fund is investing in the UK I would say this is a currency play .

I leave myself to be shot down
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Then you can post your own questions or snow reports...
mitcva wrote:
I sometimes see links to The Guardian on this thread. Yet most papers are biased about Brexit, one way or the other, and the sanctimonious Guardian is as dirty as any. See this: https://www.spiked-online.com/2019/02/28/the-guardians-anti-brexit-fake-news/


I see the author works for The Adam Smith institute . Hmm now theres an organisation with a neutral stance on Brexit . It may as well have been written by Farage or Rees-Mogg
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After all it is free Go on u know u want to!
mitcva wrote:
I sometimes see links to The Guardian on this thread. Yet most papers are biased about Brexit, one way or the other, and the sanctimonious Guardian is as dirty as any. See this: https://www.spiked-online.com/2019/02/28/the-guardians-anti-brexit-fake-news/


guardian should be printed on toilet paper.
at least it will then have a use.

All media in the UK is biased. It wont sell otherwise.
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@Mr.Egg, The Guardiam is a First Rate Investigative Paper......just because it does not suit your agenda.

Notable scoops include the 2011 News International phone hacking scandal, in particular the hacking of the murdered English teenager Milly Dowler's phone.[17] The investigation led to the closure of the News of the World, the UK's biggest selling Sunday newspaper and one of the highest circulation newspapers in the world.[18] The newspaper also released news of the secret collection of Verizon telephone records held by US President Barack Obama's administration in June 2013,[19] and subsequently revealed the existence of the PRISM surveillance program after it was leaked to the paper by NSA whistleblower Edward Snowden.[20] In 2016, it led the investigation into the Panama Papers, exposing the links of then British Prime Minister David Cameron to offshore bank accounts. The Guardian has been named newspaper of the year four times at the annual British Press Awards, the most recent in 2014 for reporting on government surveillance.[21] Because of the frequency of the paper's typographical errors, in the 1960s Private Eye dubbed it the Grauniad, a nickname still used today.[22]
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stanton wrote:
The Guardiam
If you did this intentionally, then you are genius, though somehow I doubt, dont know why ?
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BergenBergen wrote:
stanton wrote:
The Guardiam
If you did this intentionally, then you are genius, though somehow I doubt, dont know why ?


Because the Freudian-typo is simply that.

But in Stanton's case it clearly presents his Profound Mental Retardation ……. http://www.assessmentpsychology.com/iqclassifications.htm
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And love to help out and answer questions and of course, read each other's snow reports.
what happens next week when we hit 1.18 to the £

Maybe go higher if the ECB do some quantitate easing to scare of eurozone recession.
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 So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
@mitcva 'the sanctimonious Guardian is as dirty as any'

The Guardian regularly has articles from Brexit proponents, as a balance: hard to imagine the Daily Mail doing the same, as it seems to specialise in the sort of defamatory junk epitomised by its accusing two completely innocent drone owners of causing the Gatwick shutdown.
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 You know it makes sense.
You know it makes sense.
Troll boys just cut and pasted the Wikipedia article on the Gaurdian as well - no wonder he's wrong all the time relying on Grauniad and Wikipedia for information
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 Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
@Boris, yeahbut, proper journos never reveal there sources however obvious
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 Poster: A snowHead
Poster: A snowHead
Some Trading commentary , sorry couldn’t paste the chart .

Sterling/Euro (€1.1602) – the UK currency also gained ground relative to the euro last week and its 0.85% advance was notable for the fact that it took sterling to its highest weekly close in 22 months. In fact, last Wednesday’s closing level, at €1.17, was technically significant as it represented a clear break above the top of the trading range that has defined this pair’s price action over the last year and a half or so. The fact that the pound reversed after reaching that level shows that some traders were eager to take profits but, barring a drop back through 1.15, the near-term bull case remains intact, with 1.19 as the next target.
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 Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
Damn it. I'm still long the 2019 1.10/1.05 put spread on the back of Stanton's advice
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 Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
Today I got 1.1648 on my revoult app.
So higher than the closing price of Stanton original post Skullie
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UK Cooperations & Companies moving their HQs etc to the EU means they are also moving their Tax (bllions) base ..

This loss to the UK will have to be made up by Tax increases on tje UK somewhere....





Just saying.....
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Anyway, snowHeads is much more fun if you do.
https://www.bbc.co.uk/news/business-47485200

"European Central Bank acts to boost struggling eurozone"

Euro down against dollar and pound. Not to mention the rising government debt yields in Italy which started last year. I suspect much of the QE will go on supporting Italian debt.

Markets will win in the end, especially when the size of the problem is not surmountable with rhetoric.
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stanton wrote:
UK Cooperations & Companies moving their HQs etc to the EU means they are also moving their Tax (bllions) base ..

This loss to the UK will have to be made up by Tax increases on tje UK somewhere....





Just saying.....


Looks like a screen shot from a false news site. A quick google suggests nothing like this figure - even from stantons beloved Indy (the only thing that it is independent from seems to be readers!). Comparing economic forecasts with reality is relatively pointless as they did not foresee the trade war, the global slowdown, an increase in Nationalism around Europe etc etc etc.

As John Kenneth Galbraith said " Economics exists to make astrology look respectable"
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Then you can post your own questions or snow reports...
@stanton,

Or no more large corporates funneling money out under free movement.

Go look how little tax amazon pay in the uk.
Wash repeat with apple, dell, hp, starbucks, etc.
These loopholes will be closed.

Since people only believe whats wriiten in the guardian....
https://www.google.com/amp/s/amp.theguardian.com/technology/2018/aug/02/amazon-halved-uk-corporation-tax-bill-to-45m-last-year
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 After all it is free Go on u know u want to!
After all it is free Go on u know u want to!
@Mr.Egg, A fair amount of that would be covered by the EU tax avoidence legislation coming in this year. Do you have any real examples where UK legislation would be preferable to this?
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http://youtube.com/v/JLohXxuMMrk
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If they're as accurate as you, things will be ok haha
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